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Search Results 0 to 49 of about 423 (some duplicates have been removed)
. and $50 billion in losses. and now for some good news for the economy. the president's re-election campaign. the economy beat a consensus of economists expectations added 184,000 new jobs last month and the private sector while it shed 13,000 public sector jobs, netting out a gain of 171,000 jobs. and revised employment reports forage and september added another 84,000. givingunemployment is higher, giving mitt romney a talking point. >> unemployment today is higher than on the day barack obama took office. >> eliot: what he didn't say was that the economy was losing 800,000 jobs a month when obama took office. during his term the economy added millions of jobs. professor at us berkeley goldman school of public policy and author of "beyond outrage: what has gone wrong with our economy and our democracy and how to fix it." hello, mr. secretary. >> hello eliot. >> eliot: there was a massive conspiracy that the economy was picking up steam. do you think the numbers prove there is an accelerating fact that there improvement. >> the reason why unemployment ticked up was because
to 36 hours to finish that job. you know, the economy is a huge issue in the election, and here in ohio, why are the people in the state with one of the lowest unemployment rates the most worried? some answers on cnn, next. hone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female announcer ] with cisco at the center... working together has never worked so well. try capzasin-hp. it penetrates deep to block pain signals for hours of relief. capzasin-hp. take the pain out of arthritis. >>> with just three days to go until vote issers head to the polls, a new jobs report has both sides taking sides. now companies hired 171,000 employees in october, that is more than any other time in the past eight months. but while hiring has increased, so has unemployment. that rate rose slightly to 7.9%, up from 8% in september.
a plan to get this economy going. >> paul: and joining the panel this week, wall street journal columnist and deputy editor dan henninger, political diary editor jason riley, james freeman and washington columnist kim strassel. >> any evidence that hurricane sandy is going to affect this race? >> i think, yes, i think it might, in the sense that -- i think one of the big elements in the race is the level of enthusiasm on both sides. my strong sense, paul, this is an enthusiasm deficit on the democratic side. >> paul: all the polls show that. >> all the polls show that and i think it's a going to be a determining factor, now, new jersey, new jersey, maryland, it isn't going to decide whether-- obama will win those states. his popular vote may be down, i think the hurricane is going to suppress the popularity vote. >> paul: dampen that. >> and i spoke to a pollster not working for the obama campaign and agreed with dan's sentiment, turnout was an issue for democrats, enthusiasm is down, but also says that he thinks this allowed obama, even though he missed some days on the campaign trail, a
? >> polls show americans care more about the economy and jobs. polls show voters think romney can fix the economy and create jobs. but the media aren't connecting the dots. why not? find out next on news watch. [ rosa ] i'm rosa and i quit smoking with chantix. when the doctor told me that i could smoke for the first week... i'm like...yeah, ok... little did i know that one week later i wasn't smoking. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serus allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. if you have a history of hear
on the president and how he's doing on the economy. 45 percent are approving of the job is doing. 52 percent are not. i should say that approval rating has edged up. this could be, perhaps, the more distressing news for at least mitt romney. he still leads among independent voters by 7 percent, but that has gone down from 12% that he enjoyed a little more than a couple weeks ago. you can extrapolate all you will from these polls. doesn't mean that the trend is the residence friend again, six days to go, it's anyone's guess. the romney folks still feel the momentum is there. in the sunshine state particularly. >> hi. on the subject of disaster relief effort, one of the pre-show entertainer's a little while ago encouraged the audience to tax that red cross number and raise a thousand dollars. a guesstimate that it was considerably more. lots of people responded. that has been what he has been doing for the last day in a half, but the campaign resumed its rhetoric. romney did not mention obama by name. lots of advocacy for the romney agenda conto million jobs. more energy production. education,
, what's your take on the markets right now and this storm? how does it impact the economy and the markets from here? >> i think it's modestly constructive. i think we're still in the middle of the square root shaped economic recovery we've been in for over three years now. a grinding upward trend within the data. i think you saw some of the positive news. i think the chinese numbers were a little stronger than many had figured. so the global economy may not be decelerating as quickly as many had feared, but certainly earnings are going to trump a lot of investors coming into the season. i think coming into the fourth quarter, earnings are going to be critical but revenue is going to be extremely critical in an economic environment that's grindsi grinding upward. >> kevin, what about you? i know you're growing increasingly pessimistic about the impact of the fiscal cliff. what else is becoming a drag in terms of uncertainty on in economy and the market? >> i think right now markets are too complacent about the fiscal cliff. a lot of people assume things are going to get wor
. donate today. >> steve: it will be the last major report card on the economy. the labor department releases monthly unemployment rate. right now it stands at 7.8 percent. economist expect it to go up to 7.9 percent. it is estimated that employers added 125,000 jobs last month and that is up from september and fall short of what is needed to cut the jobless rate. we'll bring that number to you live as it is released from washington. meanwhile new accusations. votes switched from mitt romney to obama. rnc learned of cases in nevadathey are asking the states to recalibrate all of the machines. and have additional technician on hand and use signs to make sure people check their vote. there is no evidence of problems but check your ballot, gretch. >> gretchen: 47 out of 51 times the presidential candidate who won the popular vote has won the electoral. experts believe that mitt romney will win the popular and president obama will take the electoral college and win the white house. can that happen again? what do you think about that, pete? >> i think and firmly believe that mitt romney w
we study. in a free market economy, recessions and recoveries, upswings and down swings are part and parcel of the world we live in. when you look at how budgets are proposed, off of the congressional budget office projection. they are not that realistic. in 2014, 2015, 2016, they are projected real gdp growth of 4.4%. sounds pretty good. how realistic is it? if you take a look at reality, what's happened since the beginning of the century? gdp has grown at 1.7% and we know we are in a pretty sluggish economy. there is a huge disconnect between what's proposed and what's going on outside this window? >> that's the big deal. the claim is, i'm going to go in and cut taxes. don't worry, cutting taxes is going to be stimulative. we are going to end up with way more jobs and there will be fewer taxes from each individual. there will be way more people paying into the tax system. revenue neutral. lakshman is telling us you have a choice over how much you charge people in taxes. they may not produce all the jobs. what he is doing on day one is adding to the deficit. >> could be but let'
of the fundamentals is the economy is horrible. you have the tea party that arisen since 2010. you have romney momentum. you've got people, people decided that obama is incompetent. he can't run on anything. those are serious fundamentals. >> when we get to election day, people who are genuinely independent i think are going to break slightly our way in these battleground states. that is the data i'm looking at. >> there are many republicans, independents and democrats who aren't satisfied with the direction that we've been going in the last four years. they want a change. they want to go in a different direction. they want somebody to believe in them. they are doing that with their vote. >> we can't lose. we're going to take back america. we're going to keep it strong. we're going to overcome our challenges and keep america the hope of the earth. i need your vote on november 6th. get out and vote early. >> greta: we have more to break down the polls, minutes away. but disturbing information about benghazi. fox news obtained a classified cable from the mission in benghazi to the state departme
power. including around 650,000 in new york city alone. and costs to the country's economy estimated between $10 billion and $20 billion and growing. we're going to talk about the political, economic and environment implications of hurricane sandy for the next two hours, including how this natural disaster has linked this year's prominent foes, president obama andries and chris christie. both told reporters that they were determined to repair and rebuild the damage even as they praised each other's forms the crisis. >> the things we need to do is to make sure power restored as quickly as possible. make sure people have clean drinking water hospitals are taken care of the way we need to, and kids are back to school. i'm please to report that the president has sprung into action immediately to help us get us those things while we were in the car riding together. i appreciate that. he has worked extremely closely with me since the storm hit. this is our sixth conversation oversince the weekend. i cannot thank the president enough for his personal concern and compassion for our state and
%. that's a 12-point swing. the question of whether or not this economy has turned the corner is no longer a question. it's turned the corner thanks mostly to the work of president obama. >> professor, romney today tried to provide a vision of what he'd like to do as president. let's take a listen to mr. romney. >> i know that when i'm elected the economy and the american job market will still be stagnant, but i won't waste any time complaining about my predecessor. i won't spend my effort trying to pass partisan legislation that's unrelated to economic growth. gee said he won't spend his time complain being his predecessor. in fact, he'll take credit for the economic recovery that's under way as he took credit for the success of the education in massachusetts even though he was only governor for four years. >> clearly the economy is not stagna stagnant. there are a lot of different statistical data that suggests the economy is slowly but steadily recovering, and it's real interesting for mr. romney to sort of suggest he's not going to play social conservative politics when he's been playi
it has the best economy by far. according to real clear politics poll average president obama is currently leading by two points. with political ads running across the state 24/7 how will iowa shake out on tuesday? guys i think iowa is a weird state. we can all agree. >> no, no. i have friends in iowa. >> i liken to it the new hampshire of the midwest. there's a real strong independent streak there and it's hard to pin down their political leanings. i know you'll get into that in a little bit. but i just wanted to bring up a blog post that jeffrey anderson had at the weekly standard. he was talking about turnout. in 2008 democrats had a one. -poi -- one-point advantage. in the point of this post was i have to think that will tighten. if there's good news for iowa for mitt romney, it's that turnout probably won't be as great for democrats as it was in 2008. and i think that, you know, the tiny margin in '08 that 1% at one point has republicans thinking that iowa is gettable and it's why you've seen them sort of run into the state with an increased ground game. >> i was in iowa
today. some of it supposed to have come out earlier in the week, was delayed. shows an economy building momentum. that is at least until sandy came. steve leisman here. steve, is sandy going to slam the brakes on this slightly upward arc we're seeing in the economy? >> it is definitely going to have an impact on the economy. today we got a read on the economy ahead of sandy giving us really a baseline. that baseline was a little bit better than economists originally thought. at almost every count. perhaps the miss here -- what a nice graphic they made. perhaps the miss there was because they don't know how to estimate the new methodology. but that was better than expected. claims a little bit better than expected. ism above expectations also. construction spending powered by residential spending. government spending was tailing off there. consumer sentiment missed, but that was better than it was in the prior month. take a look at the ism manufacturing index in detail. we had this swoon, june, july, august, now it's popped back up above 50 for two months in a row. early to call a trend
already struggling economy? storm the cost about $20 billion in damage. some predict 30 billion. in last business activity for more joining me now maryland economist, peter morici. welcome back, you had a number i saw nowhere else in estimates total costs, of this storm, you said 35 to 45 billion-dollars, how do you get there? >> we will have about 20 million in property loss. initial estimates are 5 to 10, for irene they were 7, but irene was closer to 20, i think they will be as bad. but now, look at all stores that are closed, flights that have not gone out, hotels and businesses onshore and new york city that are down for 4 days, that is a loss of income. that is 20 billion that gets me to 40. gerri: wow, okay that makes sense. people underestimate the costs. i read new york city alone is an economy with $4 billion that pumps out $ 4 billion every day, times 5 is $20 billion, not just damage you repair. it is also the loss of productivity, workdays, loss payroll, it could be far more devastating than we've been talking babout, you also said, in short term painful but longer term we g
the biggest headlines affecting the energy industry and their impact on the economy. first up, crude prices rose on their first day of trading since superstorm sandy renewed demand and helped drive prices up more than half a percent, settling at 86.24 a barrel. good news for nine major oil refineries on the east coast, assessments found they avoided serious damage. seven are working back towards normal operations. meanwhile short-term supply worries pushed up gasoline futures prices. they settled up more than 1% on the day. >>> president obama banging the drum on the rich paying their fair share on taxes. he has less than a week to sell the message. we're breaking down the facts. >>> plus, mayor michael bloomberg tells president obama, i think we don't need you to visit new york city, thanks very much. i think that makes it a lot of sense. one of the people on the show says it is a major slight and he is coming here to disagree with me. more coming up. ♪ . melissa: so it is the final stretch to six days till the election and the tax debate is getting even louder. the major battle cry from
, so it's not been a great improvement in the economy. we've had a very -- >>ity an indicator of which way the economy is -- is it an indicator of which way the economy is going? >> it has not healed enough, when you take into fact we spent $4.5 trillion in deficit recovery,. >> and an improvement ratio? >> not improving. >> not on that path. >> it's not on that path. >> is it an aberration? >> bureau of labor stats on this. have you requested them? >> yes, they don't tell you a lot of things. like the labor force participation rate. which has dropped toyorelatively low numbers, which makes the unemployment numbers lo better. >> in hindsight, when he critizes the last month's report. >> last month in crthe last month's report, the only reason that number got better was 582 people thousand left e the calculation, and went to work on a part-time basis, so the part-time jobs got better, bu we did not, they took these people out of ofthe denominator. >> those numbers are not that -- >> nay says finish? >> we're being accurate. >> i would say that's the nay-ers. if you look at the economy,
the economy. that has been the message in manassas. >> these are critical times in this country and so you have a choice. america is going to have a choice. he city cannot fix washington from the inside. we will give him that chance. will have 40 straight months of unemployment above 8%. there were fewer new jobs created this month than last month. >> paul ryan has also made frequent visits to virginia. >> do we want to stay on the path that president obama has placed a son? i take it as a no. >> ryan brought the message back to jobs. >> he said this would create jobs and prevent unemployment from getting about 8%. >> another circuit has been his wife ann. he hasshe insists women also need to focus on the economy. >> as we now this economy has had women harder than men. it has been much tougher on them. >> virginia has been the selected site for other major romney messages. he chose emi for his foreign policy address. >> i know the president hope for a safer and prosperous middle east. i share this hope but hope is not a strategy. >> as he did in the debates romney asserts -- inserts the e
hampshire's economy is humming along and unemployment is at less than 6%, so when president obama and mitt romney visit the battleground state, their stump speeches tend to include promises of more job creation. our david mattingly visited two small businesses there to see what their executives think about the candidates' proposals. >> reporter: randi, victor, the unemployment rate in this critical battleground state is under 6% and well under the national average, so when it comes to campaign promises about creating jobs, businesses here say leave that to the professionals. two new hampshire small businesses that found a way to beat the recession. one is a free-wheeling tech company. producing codes that makes e-mail and the internet work better. the other has been in business for five generations. >> high carbon steel photograph needles. >> reporter: manufacturing metal pins for everything from antique phonographs to the military. >> these are ping that go into the ammunition boxes for the u.s. government. >> reporter: in tough times they both found ways to create new jobs. what every ca
is to get the government -- the overt regulation is crushing our economy. those are the facts. we have to have clean air, clean water. at the same time, when you have the federal government telling the american farmer that your 17-year-old daughter cannot drive a tractor, who will take better care of the farm kid? mom and dad or big government? the key thing is to have both parties coming together sharing ideas. not one party telling us what we cannot do. let's look at everything and do it in a responsible way for our economy, for our environment and also to make sure that people are safe on their jobs. >> we need to get away from our reliance on foreign energy. we are taking some good steps in that direction. we have some great examples right here in peoria. with the ag lab. they are researching something that has great potential. as higher oil content than soy beans. it can be planted in the off- season. and has great potential to be used as an alternative biofuel. within the 17th congressional district, we have examples of solar farms. we have examples of wind farms. and did a favor
's needed to run their businesses, something we talked a lot about. the economy has seen more focus on the consumer rebound than on a business rebound. one wonders when and if business were to get in the game those numbers would even be better. >> that could all change in five days with the election next tuesday. long-term unemployed, 14,600. marginal relief on that front. in terms of the long-term unemployment out of work for a year or more 3.57 million. a year ago 4.boy 1 million. so even those people who have been out of work for a very long time starting to get some nibbles. at least that's what it appears. more reaction to the numbers from dean mackey joining us from barclay's. good morning to you. >> good morning. >> any hair on the numbers, so to speak, as far as you can tell? >> i think this was a followed report when you look at the broad categories of job growth, when you look at the participation rate rise. the only underlying softness was in ourly earnings, but that really doesn't change the sfoer of where we've been. boug bottom line, the labor market has picked up some
the impact on our first responders. i'm worried about the impact on our economy and on transportation. the election will take care of itself next week. right now, our number one priority is to to make sure that we are saving lives that are search and rescue teams will be in place and people will get the food, the water shs the shelter they need in case of emergency and we respond as quickly as possible to get the economy back on track. >> the election will take care of itself. that was president obama addressing reporters earlier today at the white house. this is one of the things you can't really predict in terms of the effect on a presidential campaign. this massive storm, a storm of more than regional, basically national significance. it's hit the pause button on a presidential campaign. it's hard to know how it's going to play out exactly. mostly because we don't know what the overall impact of the storm itself is going to be. the defacto suspension of the campaign itself today and the handling of this crisis by president obama and to a lesser extent mitt romney made themselves be
. we were losing like 800,000 jobs a month. and now we are coming back. i just think the economy is getting a lot better now under a democratic administration. host: i appreciate the call from kentucky this morning. i want to point out another facebook post. this from justin from the upstate new york area. he writes -- at least i am not bombarded with a negative campaign ads while i am watching jeopardy. let us go to rwanda from oklahoma on our line for republicans, how is the campaign playing out in a solidly red state of oklahoma? caller: yes, we are the reddest of the red states. everyone of our counties has gone to mitt romney, and i think we will do it again. what i am calling to about is something that you will never hear from mitt romney, that he does not talk about, that he does not solicit people to speak about, and that is about his incredible generosity. we have heard on television the people coming forward and speaking about the times that he has, without any publicity, that he has contributed to their welfare and so many different ways. he has set of hospital beds an
struggling economy? fare thee well ♪ farewell ♪ mr. gloom be on your way ♪ ♪ though you haven't any money you can still be bright and sunny ♪ ♪ sing polly wolly doodle all the day ♪ ♪ hah >> continuing coverage of super storm sandy. entire towns along the new jersey coast buried in sand because of the beaches. today some are under water. board walks and marinas are ripped apart in this storm. robert moses joins us now live in point pleasant new jersey. good morning, robert. >> good morning to you. we are sitting in an intersection in pleasant point beach new jersey. there are no lights on. you can see the traffic lights here are still out. the thing that really captures your attention these huge amounts of sand. if we walk over here through the intersection again if you for give me on the other side there's another huge mound back here that is about double my height. huge front-end loaders deposited on the streets here and have pretty much pushed the sand to the side of the street. you can see how the sand has been left in the tracks along the streets here in point pleasant beach,
show how tough the economy is. 17% on food stamps. i'm glad we have unemployment programs and food stamp programs and i'm glad we have a number of companies that have come to delaware. we have not done enough. we have to much burdensome regulation. we still raised taxes during this recession which we drove back. personal income tax and we need to create a stable business environment. we have not done a good enough job creating that environment and that is borne out by the numbers. >> where do you stand on your blueprint for delaware? >> we have implemented the majority of items in their and we have more to go. some of them we did not have the resources. i said we ought to create a delaware version of a cops bill. we have made progress there as well. it is not spin to the hundreds of workers were back at the refinery. it is not spin to the people who decided to expand in delaware. it is not spin to the folks at foxfire printing who are adding dozens of jobs. it is not spin to the people at jpmorgan chase. these are real jobs, real families being put back to work. >> fill free to off
%. they did beat estimates even though the cfo said he's seen evidence of a weak economy all around us. you were talking about climate change and this issue of whether it's responsible for some of the weather changes that we've seen. munich re had created a bit of a firestorm when it put out a report noting that north america was seeing mcs in unusual events and attributed it to climate change. it caused quite a stir at the time. back to you. >>> coming up, chris christie touring the carnage. millions still without power. mass transit trying to get back to line. we'll get a progress report. >>> this morning not a lot of movement. yesterday the sale. things orderly in the first day of trading since everything was shut down because of sandy. this morning futures down by about two points. nasdaq up by about 2 1/4 points. >>> jfk and newark airports both operational on wednesday, but saw very few flights. jpk is seeing more arrivals than departures, but net back to normal. courtney reagan is at laguardia this morning. >> reporter: good morning. so we haven't yet seen a plane take off here. the
as coming in with the latest report. so it does suggest this economy is gaining steam and that has lifted the president just a few points but that makes all the difference in this cycle. >> perry, your latest article is titled i want to be able to say this on tv, it's the obama care, stupid. why election 2012 is about health care, not the economy. but explain to me what you mean. >> what i mean is we've talked a lot about the economy. bill clinton has, president obama has, mitt romney has in reality the president has very limited control over how the economy works and whether jobs are created or not. this is something out of the president's control. mitt romney says he'll create 12 million jobs. but a lot of analysts say 12 million jobs are created whether it's mitt romney, president obama or alex witt as the president. not clear the president has that much power over the economy. on health care the president has a lot of power in terms of what he can do. mitt romney wants to repeal health care which will be a big change. president obama wants to implement the health care bill which reall
gets. he will have to discuss why there are better times ahead. why he can manage the economy. that has been lackluster. i think that home would be kinder. >> how long does it take and how much does it cost to rebuild the battered communities? in japan, they are still asking that question a year after the tsunami. billions of dollars destined for reconstruction have been misspent. >> the images of the massive it tsunami is surging ashore in march 2011 are indelibly burned into the members of people around the world. the destruction was on a scale few people had ever seen before and many found it hard to comprehend. the coastline more than 250 kilometers long was left utterly devastated. whole town's white from the map in a matter of minutes. it was clear that the cleanup and rebuilding was going to be an enormous effort. the biggest since the end of world war ii. the japanese government to decide 150 billion u.s. dollars to fund it. it turns out that a quarter is spent on projects completely unrelated to the disaster. the list of projects, according to the japanese government's audit, i
has tuition for undock meanted people. is this a drain on our economy? let's start with you mr. doherty. >> sit a drain on the local economy? yes, it is. but we need comprehensive immigration reform. we've been talking about that for years. this administration said they would do that four years ago and it hasn't been done. just a political employ just a few months ago this administration put through their version of the dream act which doesn't make sense to me because it would leave some family members out and some would be safe. so we need comprehensive immigration reform. i just talked about some drug cases. in my career i focused on people who were here unlawfulfully who had committed crimes. that's a whole separate issue. in my view if someone is in this country illegally and they've committed a felony they should be deported immediately. and to that point, there is what's called an illegal reentry and this happens quite often where someone is arrested then they find the law enforcement finds they were here ten years before and arrested, incarcerated tried incarcerated depo
not quite as optimistic about where the economy is at and out of the market. and so, their own individual participation has been declining. and i don't know if that's necessarily telegraphed some problems down the road, but what do you think? >> well, i think we're living through a lot of uncertainty in the market, whether it's europe, whether it's the direction, the direction of the u.s. economy and the federal debt. and all of those things are certainly weighing on the retail investor's mind and definitely they're been moving to conservative position, as have been this, they've been protecting liquidity and building their positions and fairly risk averse, now, hopefully i'm cautiously optimistic on the u.s. economy that once they get through this election, regardless of who wins, our leaders in washington come together and develop a plan to deal with our fiscal challenges. >> well, springs eternal, we'll see, i was saying teddy, teddy weisberg, teddy was here the last time we had a two day disruption in 1888 and now, must be living history all over again. teddy. how do you think it's go
Search Results 0 to 49 of about 423 (some duplicates have been removed)